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Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

by Index Investing News
April 5, 2024
in Cryptocurrency
Reading Time: 1 min read
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According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support. Polygon and Settlemint […]



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Tags: BankpilotPolygonProjectSonyStablecoinTapstestsYenPegged
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